CRR Blog

Duplex picked up for $77,000....can you spell LEVERAGE?

Another great buy yesterday at the sales in Pomona:




Duplex in Los Angeles (zip 90044) 2-2/1 Units, estimated value of appx. $450k. The 2nd TD took the property to sale, and someone purchased it for $77,000....subject to a $187k 1st recorded 3/29/10. So, even without amortizing the 1st they picked up the property for a total purchase price of $264k.....and only had to pull $77k out of their pocket!!!





Our Bidder was there, ready to take your order and bid on your behalf. We even have a source that will finance up to 70% of your purchase price at the sale...call us for details





We have a Youtube page full of free resources goo.gl/xErf4i , and even have a free trial membership so you can check it out for yourself .goo.gl/f8GuHP

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